Hudbay have released  a news release for their latest technical report for their Snow Lake operation.

The highlights of the technical report include: An enhanced gold production profile with a 37% increase in gold production over the next five years^.  Total life-of-mine gold production increased by 60% to 2.8 million ounces compared to 1.8 million ounces in the 2021 technical report^.  Mineral reserve estimates increased to 27 million tonnes containing 2.0 million ounces of gold, representing a 38% increase in tonnage from the January 1, 2026 mineral reserve estimate.

 The increase in reserves and mine life extension is driven by reserve conversion at Lalor. Life-of-mine plan is based on reserve estimates and reflects a conservative view based on Hudbay’s historical high resource-to-reserve conversion rate of 90% .

A complete copy of Hudbay’s technical report can be seen at hudbay.com.